A rare and prized opportunity with outstanding potential, this boutique complex of four apartments is supremely well-located just footsteps to cafs, shops and entertainment options along Enmore Road. It is well presented throughout with some recent upgrades, and all units are in great condition and ready for immediate occupation. Investors and developers will be highly impressed by the great positioning, large land size and excellent future potential of this blue-chip property offering. It represents a value-packed chance to capitalise on a substantial Enmore landholding earning excellent cashflow.
A solid brick building of four apartments with five lettable areas
Set on a generous 370sqm block of land with a wide 10m frontage
2 x 1-bed, 1 x 2-bed plus study, 1 x 1-bed plus study & a bonus studio
Outstanding growth and rental scope with solid annual returns
Fresh & bright interiors with updated kitchens and bathrooms
North rear aspect and a sunlit backyard with entertainment area
Plenty of space for parking plus a garage and lock-up shed/storeroom
Potential to further update apartments and increase rental yield
Scope to explore development possibilities to fully capitalise (STCA)
Easy access to transport and amenities in Enmore and Newtown
This is a recognized block of 4 apartments with 5 lettable areas
Current potential rental of $105,000 excl the 5th Lettable area
Poten Duplex site, Currently underutilised – garages/prkg not used